Conrad Industries, a Morgan City shipbuilder, said its net income during the third quarter climbed to $3.5 million, or 54 cents a share. During the same quarter one year earlier, Conrad had net income of $1.6 million, or 26 cents a share.

During the recent quarter, Conrad signed contracts for new work, including the construction of five tank barges. The company's backlog of work stood at $87.7 million at the end of the third quarter, compared with $86.1 million a year ago.